Trust vote triggers market shake, French stocks and bonds are sold off, French-German bond spread hits a four-month high.
According to the Securities Times app, the political crisis in France continues to escalate, leading to a sharp drop in the Paris stock market on Tuesday morning. As of the time of publication, the French CAC 40 index plummeted by 1.9%, leading the major European stock indexes lower; the pan-European Stoxx 600 index fell by 0.8%, the UK FTSE 100 index reopened after the holiday and dropped by 0.6%, partially influenced by the accelerated rise in food prices in the UK.
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